Sanjay Asher, Senior Partner at Crawford Bayley & Co, states that there is a legal divide among international banks regarding their support for the Adani Group. Japanese and Middle Eastern banks seem supportive after thorough analysis, while some European banks like Barclays and Jefferies are cautious. Investors should view these developments from a medium to long-term perspective.
Grasim Industries shares soar over 4% after Morgan Stanley upgrade, sees 29% upside on UltraTech tailwinds
Grasim Industries surged 4.4% on Tuesday after Morgan Stanley upgraded the stock to ‘Overweight’ and raised its target price to Rs 3,500, implying a 28.5%